Things to Study in the Morning Before Starting Your Day Trading
Things to study in the morning before starting your day trading or BSE tips
1) Read financial newspaper like Business Standard, Economics Times, etc. If possible note done the high lights/breaking news with respective company names and keep close watch on them for that day.
2) If possible watch share (stock) market related TV channels like Zee Business, CNBC, etc. In these TV channels you get over all idea/movements of all share prices and markets (BSE, NSE). And also it becomes easy to catch and keep close watch on related companies if any breaking news comes out during that day.
3) Especially some share market related websites like capitalmarket.com, businessstandard.com always displays current news, market affairs, share market trends, breaking news and various announcement done by company or government which may effect the share market and related companies. So try to access and have all ok on such types of websites before starting trading and also through out the day, if possible.
4) So in short before starting you stock market trading you should be well aware of all the current news of financial market and if possible note down the breaking news or effective news and its related company and keep watch on that share and trade accordingly on that day.
5)Suppose that you had done one trade (either buy or sell) but the scrip is not moving either up or down, it is just stable or moving with very low price difference, then you should get out of that trade and look for other scrip's. You may encounter these type of situations when indices (NSE or BSE) and not moving (or moving with narrow range). At such time either you wait or come out of trade, don't loose patience and fall under loss.
About the Author:Paras is a researcher and internet website specializing in cyclical stock index trading, tips and stats.
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Article Source: ArticlesBase.com - Things to Study in the Morning Before Starting Your Day Trading